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Michael Kors Holdings IPO

Michael Kors Holdings went public about one month ago, and so far has turned out to be one of the more successful recent IPOs.  The offering price was $20 and as of today shares are trading at $28.65 per share.  The first day return was 21% and if you were in from the beginning and sold today, you would make a 42% return.

The luxury goods retail company offers fashionable items worldwide and is currently enjoying a super trend among teen and 20-something girls as well as a core following in other age groups.  Founded in 1981, Michael Kors is known for handbags, shoes, watches, and clothing. The style is classic American sportswear with an emphasis on neutral colors, especially browns.  He likes to use gilded touches to all his lines, but the look is always clean and classic.

 

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2012 01 19 Admin Retail IPOs Comments (0) Permalink

Pandora IPO

The Pandora IPO last June was heralded with much fanfare but in the six months since the internet radio company went public, the price has not held up.  Now trading at less than the IPo price, Pandora shares are not the hot item they were hyped up to be.  The Pandora IPO price was $16 per share and as of the end of this week, shares were $9.90 each.  Pandora stock seems cheap now!  Beware, however, since even a lower price may not mean a bargain when it comes to buying stocks.

Pandora competition is heating up, however, with main rival Spotify offering listeners perks.  The ability to skip a song is limited on Pandora’s free service but Spotify is now offering unlimited skips and unlimited channels.  Unlimited channels means you can create as many channels as you like, (Pandora radio limits this to 100).

In retrospect, it seems investors should have known the Pandora IPO might have flopped: the internet company doesn’t turn a profit.

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2011 12 11 Admin Internet IPOs Comments (0) Permalink

Recent IPOs that Disappointed Us

Recent IPOs for 2011 have seen dramatic hype, exciting IPOs, and for some, disappointing results for investors.  Tracking the events of 2011 IPOs, especially those in the tech sector or internet-based companies, can help investors avoid mistakes.

The Pandora IPO a few months ago was exciting and the company did quite well at first.  Now, it’s at around $11 per share, where it was once at $15.  The internet radio company has never expected any earnings, either for 2011 or for 2012 even.  They now have competition from Spotify, another internet radio business.

The Green Mountain Coffee Roasters IPO was a huge bust.  It was overvalued and now that they’ve gone public the facts are plain to see.

The Groupon IPO, one of the most talked about recent IPOs this year, has also come down in the world.  Groupon went public in early November at around $20 per share but then went down 42%.  It’s still too soon to proclaim it a huge disappointment, since the stock has been back up around $20 since the falloff.  Nevertheless, it’s not what it was cracked up to be in the months preceding the IPO.  Watch and learn!

 

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2011 12 06 Admin Internet IPOs Comments (0) Permalink

Zynga IPO

The Zynga IPO is coming up, expected to occur this week or next, and the IPO world is hungrily awaiting the frenzy that will surely take place the day this internet company goes public.  Internet IPOs are still the hot topic these days, with Groupon closely watched and the Facebook IPO on everyone’s mind as the most anticipated internet IPO ever.

Analysts and investors are coming off a few months of weak IPO market, with the ranks of newly public companies very thin lately.  The Zynga IPO may just heat things up again, drawing investors out to get in on the much-anticipated initial public offering from this online gaming company.

The Zynga IPO is expected to be successful for a few reasons.  Zynga is closely tied to Facebook, since its games are played through the Facebook platform.  That makes it a good investment, according to some analysts.  It’s also already a profitable business, unlike many other internet IPOs we’ve seen in 2011.

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2011 12 06 Admin Internet IPOs Comments (0) Permalink